Have your own idea? Try our Stock Screener
Finnish (OMX) Medical Equipment Industry Analysis
UpdatedMar 24, 2025
DataAggregated Company Financials
Companies6
- 7D-1.4%
- 3M-2.2%
- 1Y9.0%
- YTD-5.6%
Over the last 7 days, the Medical Equipment industry has dropped 1.9%, driven by Revenio Group Oyj declining 2.3%. In the past year, the industry has gained 6.5%. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Finnish Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 24 Mar 2025 | €956.3m | €150.9m | €8.3m | 26.5x | 115.6x | 6.3x |
| Wed, 19 Feb 2025 | €1.0b | €149.1m | €4.1m | 28.8x | 256.1x | 7x |
| Fri, 17 Jan 2025 | €1.0b | €146.0m | €3.2m | 34.4x | 321.3x | 7x |
| Sun, 15 Dec 2024 | €979.5m | €146.0m | €3.2m | 29x | 307.8x | 6.7x |
| Tue, 12 Nov 2024 | €1.0b | €146.0m | €3.2m | 31.5x | 318.6x | 6.9x |
| Thu, 10 Oct 2024 | €1.2b | €145.0m | €3.4m | 34.9x | 342.7x | 8.1x |
| Sat, 07 Sep 2024 | €1.2b | €145.0m | €3.4m | 33x | 338.2x | 8x |
| Mon, 05 Aug 2024 | €1.0b | €140.7m | €2.7m | 30x | 383.5x | 7.3x |
| Wed, 03 Jul 2024 | €991.8m | €140.7m | €2.7m | 28x | 372.2x | 7x |
| Fri, 31 May 2024 | €1.1b | €140.7m | €2.7m | 29.1x | 397.4x | 7.5x |
| Sun, 28 Apr 2024 | €879.1m | €140.6m | €2.6m | 26.4x | 338.5x | 6.3x |
| Tue, 26 Mar 2024 | €858.4m | €140.9m | €3.3m | 25x | 257.7x | 6.1x |
| Thu, 22 Feb 2024 | €897.4m | €140.5m | €5.2m | 26.1x | 172.5x | 6.4x |
| Sat, 20 Jan 2024 | €876.3m | €138.1m | €3.0m | 31.8x | 293.3x | 6.3x |
| Mon, 18 Dec 2023 | €920.3m | €138.1m | €3.0m | 33.7x | 308x | 6.7x |
| Wed, 15 Nov 2023 | €839.8m | €138.1m | €3.0m | 31.5x | 281.1x | 6.1x |
| Fri, 13 Oct 2023 | €776.7m | €139.8m | €3.7m | 28.3x | 212.8x | 5.6x |
| Sun, 10 Sep 2023 | €825.0m | €139.8m | €3.7m | 28.6x | 226x | 5.9x |
| Tue, 08 Aug 2023 | €905.5m | €144.5m | €9.4m | 31.1x | 96.7x | 6.3x |
| Thu, 06 Jul 2023 | €1.1b | €144.5m | €9.3m | 39.7x | 116.5x | 7.5x |
| Sat, 03 Jun 2023 | €1.1b | €144.5m | €9.3m | 39.5x | 116.5x | 7.5x |
| Mon, 01 May 2023 | €1.2b | €144.2m | €9.1m | 42.7x | 126.3x | 8x |
| Wed, 29 Mar 2023 | €1.2b | €141.2m | €9.6m | 42.7x | 126.2x | 8.6x |
| Fri, 24 Feb 2023 | €1.2b | €143.3m | €8.8m | 42.4x | 139.7x | 8.6x |
| Sun, 22 Jan 2023 | €1.2b | €139.3m | €8.0m | 45.2x | 151.7x | 8.7x |
| Tue, 20 Dec 2022 | €1.2b | €139.3m | €8.0m | 46.9x | 154.6x | 8.9x |
| Thu, 17 Nov 2022 | €1.3b | €139.3m | €7.9m | 50.4x | 165.1x | 9.3x |
| Sat, 15 Oct 2022 | €1.2b | €133.5m | €7.1m | 47.4x | 169x | 9x |
| Mon, 12 Sep 2022 | €1.4b | €133.5m | €7.1m | 48.3x | 202.8x | 10.8x |
| Wed, 10 Aug 2022 | €1.7b | €129.4m | €7.4m | 66.8x | 226.4x | 12.9x |
| Fri, 08 Jul 2022 | €1.5b | €124.7m | €5.9m | 64x | 247.4x | 11.8x |
| Sun, 05 Jun 2022 | €1.6b | €124.7m | €5.9m | 67.3x | 266.3x | 12.7x |
| Tue, 03 May 2022 | €1.5b | €125.4m | €6.7m | 64.9x | 231.1x | 12.3x |
| Thu, 31 Mar 2022 | €1.6b | €111.4m | €10.7m | 70.1x | 153.2x | 14.8x |
Price to Earnings Ratio
153.2x
Current Industry PE
- Investors are pessimistic on the Finnish Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 116x which is lower than its 3-year average PE of 240x.
- The 3-year average PS ratio of 8.2x is higher than the industry's current PS ratio of 6.3x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have declined 8.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 11% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Finnish Healthcare industry?
| FI Market | -1.74% | |
| Healthcare | 1.90% | |
| Medical Equipment | -1.37% | |
| Medical Equipment | -1.37% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 240x.
- Analysts are expecting annual earnings growth of 26.7%, which is higher than its past year's earnings growth of 17.8% per year.
- Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 240x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 27% over the next 5 years.
- This is better than its past earnings growth rate of 18% per year.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 27% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MODU Modulight Oyj | €1.39 | 1.5% +€849.7k | 78.4% | PS7.8x | |
| OPTOMED Optomed Oyj | €3.81 | 0.4% +€294.9k | -4.6% | PS5x |